Industrial profit rose by 15.2% y/y, manufacturing sector rose by 18.9% y/y, CRAZY
Last edited:
Chinese Economics Thread
- Thread starter Norfolk
- Start date
among industries computer, communication and electornic equipment manufacturing led with
Impressive.
Is this due to the government's drive to reduce hyper-competition? or some sort of accounting gimmick? what is the cause here?
Was thinking the same. 15.2%? For a single company or a very small country perhaps, but for the largest manufacturing nation? I would this say this is nothing short of miraculous.
Increase research and development spending enough and you can even have zero profits or net losses. It's accounting magic driven by business strategy.
That's certainly true, at least for solar and wind power.
These industries accumulated significant production capacity through substantial technological and material investments over the past two years. Now, with investment plummeting and sales remaining strong, profit margins are naturally looking good.
Many people only know that we rely on oil imports, but they don't know that we have long been the world's largest exporter of refined oil products. Data from the General Administration of Customs clearly shows that in 2025, our refined oil product exports reached 58.02 million tons, and we traded with 632 partners. In Southeast Asia alone, we supplied 62% of diesel and 77% of gasoline. It's no exaggeration to say that we are a major global supplier of refined oil products.
One of the factors I found is that Samsung and SK Hynix exported a large number of memory from their factories in China.
We all know that memory prices have skyrocketed.
Our total market capitalization approaching country's total GDP
The total market capitalization of the Chinese domestic stock market hit a record high at the end of February by exceeding 116.8 Trillion Yuan, up 34% YoY. Sectors related to manufacturing, scientific research and technical services each saw their market capitalization rise by more than 40% compared with the same period last year.
Note - Hong Kong Stock exchange is not included.
The total market capitalization of the Chinese domestic stock market hit a record high at the end of February by exceeding 116.8 Trillion Yuan, up 34% YoY. Sectors related to manufacturing, scientific research and technical services each saw their market capitalization rise by more than 40% compared with the same period last year.
Note - Hong Kong Stock exchange is not included.